FRANKFORT, KY – A recent study from WalletHub has revealed the worst places to retire in the U.S. in 2024, with Kentucky, New Jersey, and Mississippi taking the top spots. The study compared various factors such as tax rates, cost of living, access to quality medical care, and recreational activities across all 50 states.
In contrast to the “Best Places to Retire,” these ten worst states generally have higher taxes and crime rates, as well as inadequate healthcare facilities. When considering retirement, factors such as access to quality healthcare, affordable housing, and proximity to family all play a significant role in the decision-making process.
According to the study, Illinois, Arkansas, and Washington closely follow as some of the worst states for retirees in 2024. Each state has its unique qualities, but they may not offer an ideal retirement destination for those seeking comfort, good healthcare, and affordability.
Kentucky, New Jersey, Mississippi, Rhode Island, Oklahoma, Louisiana, New York, Washington, Arkansas, and Illinois are the ten worst states to retire in. Additionally, Hawaii, Alaska, Iowa, Kansas, Georgia, New Mexico, Texas, Nevada, Connecticut, Indiana, Vermont, Oregon, Maryland, Tennessee, and West Virginia represent less than ideal states for retirees in 2024.
While there may not be a single perfect place to retire, carefully considering factors such as health, climate, finances, and leisure activities can help retirees find the best location for their needs. Making an informed decision about where to spend retirement years is crucial, and being aware of the various factors at play can contribute to a fulfilling retirement experience.